If we did all the things we are capable of doing, we would literally astonish ourselves.Thomas Edison
What is Crowdsourcing?
Crowdsourcing is when people gather via the Internet to create something and share in the profit – often without ever meeting each other in person. The products of these collaborations are referred to as crowdsourced. Find out more about us.
As Jeff Howe put it in Wired Magazine, June 2006, Crowdsourcing represents the act of a company or institution taking a function once performed by employees and outsourcing it to an undefined (and generally large) network of people in the form of an open call.
Eric Schmidt, Google CEO talks about crowdsourcing in Don Tapscott’s Wikinomics, 2007 saying.. Peer production is about more than sitting down and having a nice conversation... It's about harnessing a new mode of production to take innovation and wealth creation to new levels.
See how wikipedia defines crowdsourcing today.
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